Bank of America’s $100bn bond market losses
Bank of America is facing more than $100bn in unrealised losses on its bond portfolio, the largest of any US bank. The losses reflect the bank’s decision to invest heavily…
Bank of America is facing more than $100bn in unrealised losses on its bond portfolio, the largest of any US bank. The losses reflect the bank’s decision to invest heavily…
Goldman Sachs, a prominent investment bank, has recently released a forecast indicating expectations of sluggish growth in the face of rising inflation. This article explores the key insights provided by…
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history…
In the realm of economics and finance, the Cantillon Effect refers to the uneven distribution of wealth that occurs as a result of monetary policies and the creation of new…
In a stunning turn of events, financial powerhouse JP Morgan Chase has fallen victim to a sophisticated scam orchestrated by the elusive fraudster, Charlie Javice. The saga of Javice’s deceit…
Cryptocurrency was founded on the notion that no single institution should control a person’s finances. Until that becomes a reality, traditional banking will most likely act as a link between…
#crypto #cryptocurrencies #blockchain #DeFi #digital #assets #banks #security #privacy #industrialization #developed #developing #economy #countries “Countries which are independent and prosperous are known as Developed Countries. Countries which are facing the beginning…
#crypto #banks #invest #talos #digital #assets #bitcoin $BK $C $WFC $BTCUSD The latest major funding round for crypto trading infrastructure firm Talos is raising $105-M from investors including banking giants…
#trust #DeFi #blockchain #banks #customer #communication #transparency #safety #knightsbridgedao “Customers often entrust their life savings to financial providers, but just 43% of them believe that banks care about customers’ long-term financial…
#crypto #cryptocurrency #bitcoin #NCR #strike #shopify #blockchain #payments #inflation #recession $BTCUSD “Strike’s partnership with Shopify, Blackhawk Network and NCR allows people to use Bitcoin in a mainstream way, sidelining traditional…